Denver Real Estate News

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

May 10, 2021

Which Down Payment Strategy is Right for You?

You’ve most likely heard the rule: Save for a 20-percent down payment before you buy a home. The logic behind saving 20 percent is solid, as it shows that you have the financial discipline and stability to save for a long-term goal. It also helps you get favorable rates from lenders and prevents you from having to pay mortgage insurance.

But there can actually be financial benefits to putting down a small down payment—as low as three percent—rather than parting with so much cash up front, even if you have the money available.  Knowing your down payment options and having the flexibility to put less money down may also help you better compete for a home in this hot sellers market!

Down payment amounts


The downsides of a small down payment are pretty well known. You’ll have to pay Private Mortgage Insurance for years, and the lower your down payment, the more you’ll pay. You’ll also be offered a lesser loan amount than borrowers who have a 20-percent down payment, which will eliminate some homes from your search.  When sellers receive multiple offers on their home, one of the factors they consider how much the buyer is putting down.  A lower down payment may look like a higher risk to the seller.


The national average for home appreciation is about five percent, and more than double that in the current Denver market. The appreciation is independent from your home payment, so whether you put down 20 percent or three percent, the increase in equity is the same. If you’re looking at your home as an investment, putting down a smaller amount can lead to a higher return on investment, while also leaving more of your savings free for home repairs, upgrades, or other investment opportunities.

Down payment options


Of course, your home payment options aren’t binary. Most borrowers can find some common ground between the security of a traditional 20 percent and an investment-focused, small down payment.  If your lender pre-approves you with 20 percent down you might also have the flexibility to choose to put down less in case the appraisal comes in less than the purchase price. Leveraging your purchasing power by putting down 5 percent, 10 percent or another amount might be the right solution for you! 


There are Conventional loans with a down payment requirement as low as 3 percent.  FHA loans require 3.5 percent down while veterans and active duty military with VA benefits can purchase with $0 down payment.  USDA loans are a possibility in certain areas.  With mortgage interest rates hovering around 3.0 percent, a lower down payment might make sense for your needs.  Your trusted real estate professional and your lender can provide some answers as you explore your financing options.  Want to know more?  Ask your question in the comments below!

May 17, 2018

Q&A: I just received an email from Zillow that says my house is worth $811,000. How does Zillow know that and is it accurate?

Hi Erica,

I just received an email from Zillow that says my house is worth $811,000. How does Zillow know that and is it accurate? Nobody from Zillow has been to my house. - Tim B.


Hi Tim, 

According to Zillow's website, Zillow uses a proprietary formula to estimate market value. Their site clearly states that it is not an appraisal and merely a starting point for determining the value of their home. If you want a better idea of what your home is worth, you can ask a real estate agent for a comparative market analysis (CMA) or hire an appraiser to perform an appraisal on your house, much like a bank would during a purchase or refinance.

May 3, 2018

Q&A: How long do we have to live in our house to not pay capital gains tax?

Hi Erica,

How long do we have to live in our house to not pay capital gains tax?

We always recommend you consult with your accountant and/or attorney as it relates to tax matters.  If you decide to sell before you’ve owned the home for two years, or you haven't lived in the home two out of the last five years, your accountant can help you calculate what your possible tax implications will be.

May 3, 2018

Q&A: Does it matter how much my neighbor’s house sold for when determining how much my house is worth?

Hi Erica,

Does it matter how much my neighbor’s house sold for when determining how much my house is worth?

Yes, recent sales in your neighborhood show what a buyer is willing to pay for a similar home in the current market.  Your home’s specific lot location, condition and upgrades will affect the value in comparison to the other homes in your area.

Oct. 29, 2017

Littleton real estate Is Littered With Blooms

Bright and subtle flowers sway softly in the breeze on Littleton real estate. At Chatfield Farm a variety of gardens grow plump with vegetables and thick with colored blossoms. As a working farm, education is a key principle on this thriving land. Hundreds of acres are divided into themed sections providing a nutrient rich whole.

The Agricultural Past and Present section was designed to represent early agriculture and sits alongside a working farm sustaining the efforts of local food programs. Mother Nature provides. And, gardens on this piece of Littleton real estate place a spotlight on her talents. Small scale agriculture gets a nod from the Market Garden where vegetables grow as part of the Urban Food Initiative. Original fruit trees are acknowledged in The Mary Washburne Orchards. Add spice to life in the Herb Garden. Folks find old fashioned entertainment in the corn maze and pumpkin patch during days of autumn. The Janice Ford Memorial Dye Garden showcases over a dozen plants whose petals have been used to dye fabrics for generations.

Butterflies Flutter In Flight Nearby Littleton Homes

Gardens of the West shows residents living in Littleton homes what is possible to recreate in their own backyard gardens. Shades of pale purple blend excellently in the Lavender Garden. Over 14 varieties of the plant grow as a crop and in other areas are displayed cosmetically. Favorite dwellings spots are the Rock Garden, Stone Patio and Labyrinth. Nearby the large Prairie Garden is found. Smaller segments include the Rain Garden, Moist Meadow and North Slope. Gardens of the West is a seasonal haven for butterflies. A butterfly house creates a sanctuary for several species of the beloved insect. Passersby will observe Colorado natives such as Monarchs, Mourning Cloaks, Painted Ladies and Swallowtails.

Open 9 a.m. to 5 p.m. seven days a week spontaneous trips to the farm are easily accomplished. Time efficient visitors often plan out an itinerary of the gardens at Chatfield Field with assistance of an area map.


Posted in News
Oct. 29, 2017

Bells Are Jingling On Breckenridge Property

With the winter frost comes Colorado fun. On Breckenridge property the horses are hitched up and the sleigh is ready. The magic of the season is truly experienced with scenic sleigh rides through snow covered forests. Sleigh rides with the Golden Horseshoe Tour Company have been bragged about as the very best all around.

Bells are jingling and gently spirited mounts decked out. Smiles come freely and good times are all but guaranteed. Romantic moonlight, heated blankets and the soft pitter patter of gentle Belgian draft horse hooves sets the mood. Moments are inspired during private rides for couples. Bold souls have even seized the day by proposing to their partners as they drift through the snowy Breckenridge property grounds. Anniversaries and special dates are also celebrated with private rides.

Tales of Old Are Gleefully Told on Breckenridge Real Estate

Families make memories as well with group winter sleigh rides. Friendly drivers keep moods jovial imparting witty stories and pointing out bits of scenery. Taking off to a destination of fun, dinner theater packages entertain and enlighten. The mining camp dinner theater embraces the history of Breckenridge real estate and Colorado as a whole. Participants journey to an authentic mining camp set up. Rustic luxury awaits with bold and burly characters running the show. Meet miners in their glory days, saloon girls and others representing times of the Old West. The food served is hearty, filling and deliciously filling. From dinner to dessert the supply seems endless. Contrary sorts steal the show. The Unsinkable Molly Brown has a whale of a tale to tell. Mountain Men share the secrets of their hideout, Le Bonte’s Hold. Here they reminisced about time gone by and speculate on what the future may hold. With weary hours in the mining camps hope burst forth with the smile of a saloon girl. Diamond Dixie had all the men in the palm of her hand and when she gets to talking the laughter is contagious.

Welcome the chill of winter with a warm heart and a smile. Sleigh rides honor traditions of old and create memories anew. Reservations are available online or by calling 970.453.2005.


Posted in News
Oct. 27, 2017

Sparks Fly on Denver Property

Denver property is ablaze with fun. At the Denver Firefighters Museum true heroes of firefighting are recognized for their brave feats. Vivid exhibits showcase amazing acts, fire fighting memorabilia and fire prevention skills. A visit to the museum is sure to impress. Inside Station One, found at 1326 Tremont Place, the history is rich and vivid. Earliest days in the fire house date back to 1882. Mindblowing advances in the industry are undeniable when compared to tools used to battle blazes in the olden days. The transformational timeline into modern firefighting is well documented onsite. Two floors amaze guests and inspire youngsters wanting to follow in the footsteps of those represented. On the main floor discovery awaits thanks to interactive planning. The second floor showcases firefighter's living quarters and houses special exhibits. Rotating frequently these intriguing displays are everchanging.

Denver Real Estate Fans the Flames of Interest

Embracing the spirit of prevention the Denver Firefighters Museum presents multiple educational programs for Denver real estate school children. Fire Safety Stops are hands on and scattered throughout. Each station introduces information on how to prevent and act in emergency situations. Firefighter boot prints lead the way to each individual spot. Represented are how to call 911, firefighting tools, trucks and a child sized pole to slide down. Nearby, documentary films are available for viewing and highlight some of the worst fires fought on Denver property.

Field trips are one of a kind experiences. Lower graders delve into “the life of the firefighter” with activities sparking interest and imagination. Those a bit more older find a more advanced curriculum waiting for them. Birthday parties blast forth with fun. The birthday boy or girl gets the hot seat complete with title of honorary fire chief. These types of parties  are talked about for years to come.

When the kids are bored fight fire with fire and head over to The Denver Firefighters Museum. Open Monday to Saturday from 10 a.m. to 4 p.m., get to know the history of historic Station One here before visiting.


Posted in News
July 31, 2017

Curious About Local Real Estate?

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates